Search

South Africa junior miner Upward Spiral launches new East Rand gold project

Underground gold mine. Photo by April Vasquez @ Unsplash
Underground gold mine. Photo by April Vasquez @ Unsplash
  • New Snake Road project targets near-surface gold on historic East Rand
  • High prices revive previously marginal deposits for junior miners

 

PRETORIA, SOUTH AFRICA — A privately owned mining company is preparing to begin full-scale gold production on South Africa’s historic East Rand, betting that high prices and tight cost control can revive previously marginal deposits.

Recent Business

Reserve Bank Governor Lesetja Kganyago. Photo @ Facebook/Reserve Bank of SA
South Africa’s reform gains face global debt storm and escalating Middle East conflict
Read More »
Safaricom Ethiopia making waves. Photo @ Safaricom Ethiopia/Facebook
How Safaricom is turning Ethiopia into Africa’s next telecom power centre
Read More »
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Barrick’s gold, copper surge exposes Africa as battleground for mineral supremacy
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »

Latest Posts

Latest news insights